Most of us have long since outgrown the school playground but let’s revisit the old neighborhood for a moment, shall we? Imagine that you are a small child and you want to explore all that the playground has to offer. You want to try the swings, the teeter-totter, the swinging bars, the slide – you want to try it all. It is the job of the teachers and parents to keep you safe and, to allow you access to only those parts of the playground that are age appropriate and suitable for your skills.
A large India-based synthetic fabric manufacturer asked ElegantJ BI to provide business intelligence solutions and services to create a scalable, comprehensive business intelligence tool and support confident decision-making and data analysis. The business improved financial analysis related to cash flow, debtors and aging, and to analyze vendors, pricing trends and procurement, and achieved integrated data for analysis and reporting, in a uniform, multidimensional information architecture that accommodates disparate data sources.
Survey Participants were asked to rate items relative to how their organization found certain factors to be importance in achieving success in BI efforts.
Every organization has to juggle information. Information and data come from every corner of the enterprise, and can include databases, data warehouses, best-of-breed systems, legacy systems, and specialized systems like ERP, HR, Finance, Accounting, Warehousing and others. Important data is also contained in spreadsheets, email, documents, partner and supplier systems and other sources.
Data democratization does not involve the process of diversifying data so that there is something for everyone. It involves the democratization of meaningful ACCESS to data! If you don’t think your business users need data, you need to think about the tasks you assign these users every day. We live in an era of employee accountability and empowerment and most enterprises have already realized the need for access to data and the ways in which business users can leverage this data to fulfill their role, accomplish activities and sustain performance.
Is there anyone left on the planet who thinks business intelligence (BI) is a luxury? Probably not! Everyone knows that measurable, integrated business intelligence is key to business success, both in the local and the global business market. All managers know that BI can improve productivity, strategic alignment, employee accountability and empowerment, and the quality of business decisions, and speed and effectiveness of market action.
